Experts comment on Kazakhstan's decision to abandon control of tenge
Kazakh and foreign experts have commented on the recent decision of Kazakhstan to stop defending its tenge and send it floating.
Air Astana raises airline ticket price
Kazakhstan’s national airline Air Astana has raised ticket prices on international flights after Kazakhstan floated the tenge.
Nazarbayev instructs National Bank to compensate tenge deposits
President of Kazakhstan instructed the National Bank to initiate a mechanism of compensation for private fixed-term deposits in tenge.
Analysts on fair market exchange rate of USD to tenge
August 20 the country’s Central Bank renounced its policy of the set currency band, letting the national currency float freely.
Causes of tenge-dollar exchange rate spike unclear
People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.
New devaluation in Kazakhstan?
Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.
Loans in dollars are dangerous: head of Kazkom
Chairman of the Board of of Kazkommertsbank said that issuing and obtaining loans in dollars in Kazakhstan was dangerous.
Experts comment on Kazakh National Bank expanding tenge-dollar pegged corridor
Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.
Kazakhstan expands tenge to US dollar exchange rate corridor
Kazakhstan’s central bank has expanded the tenge to US dollar exchange rate corridor.
Kazakhstan not to take Argentina’s path when walking away from excessive dollarization
We are not taking measures Argentina once resorted to. For Argentina it was a forced step. We want to smoothly walk away from dollarization: Central Bank Governor.
Oil price may hit $40 per barrel by end of month
Oil prices might fall again as reserves of crude continue growing, experts say.
Kazakh Central Bank Governor speaks tenge liquidity and de-dollarization
Governor of the National Bank of Kazakhstan Kairat Kelimbetov speaks about the state of the financial market in Kazakhstan and what the government will do about it.
Nazarbayev urges state companies to support tenge
President of Kazakhstan Nursultan Nazarbayev has urged Kazakhstan's state companies to sell dollars and buy the tenge.
Tenge exchange rate adjustment possible if oil prices go below $50: Kazakh central bank governor Kelimbetov
Governor of the National Bank of Kazakhstan Kairat Kelimbetov said that a devaluation of the tenge is possible if oil prices fall below $50 per barrel.
Kazakhstan considers de-dollarizing its economy
Kazakh economist Olzhas Khudaibergenov analyzes the joint statement of the Government and the National Bank of Kazakhstan and comments on their intention to de-dollarize the Kazakh economy.
Tenge devaluation cannot be ruled out in Kazakhstan: expert
Analyst of Alpari company believes the National Bank of Kazakhstan is maintaining the tenge exchange rate at this point, but certain conditions might require devaluing in the future.
Russian official says dollar, euro could be banned in Eurasian Union; Kazakh National Chamber of Entrepreneurs responds
Kazakh officials have responded to the remakrs of the chairman of the board of directors of Russia’s National Payment Council, who said that the EEU could see a ban on interstate transactions in dollars and euros.
Russian ruble fall has little effect on Kazakhstan economy: IMF
Kazakhstan is not strongly influenced by the changes in the currency rate of the Russian ruble.
Sliding Ruble hurts Kazakhstan's exports to Russia
The continuing fall of the ruble exchange rate against dollar is taking its toll on the exports Kazakhstan is supplying to Russia.
Dollar gains as eurozone concerns linger
The dollar Friday climbed against other currencies following dovish comments from US and British central bankers and continued concern about the eurozone
